NOT LISTED FOR SALE

7631 N 59th Ln Glendale, AZ 85301

Estimated Value: $595,000 - $765,000

5 Beds
3 Baths
2,524 Sq Ft
$279/Sq Ft Est. Value

Last Sold June 10, 2023

Last sale price $746,816 $296 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,049/month

11 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available

About This Home

As of June 2023

Property was built in 2019. Lovely three-plex in a quiet community in the heart of Glendale. Long term tenants in place. Property fully maintained since built. Home is built with many modern finishes. Large Irrigated lot.

The first unit is two homes, sharing a wall. Unit is 2,529 Sq Ft.

Front part of unit is 3 Bd, 2 Bath, Full Gourmet Kitchen.
Rented for: $2,300

Back part of unit is 2 Bd, 1 Bath, Full Kitchen.
Rented for: $1,550

Detached Back House is 3 Bd, 1 Bath, Full Kitchen. Covered Patio. 1200 Sq Ft.
Rented for: $1,800

All tenants are under contract until FEB 2024. Owner pays for Electric, & Water. Examples of bills attached to the documents of listing. Do not disturb tenants, drive by only.

Last Agent to Sell the Property

Jose Gastelum Cota

Weichert Realtors - Upraise License #SA677694000 Listed on: 05/05/2023

Weichert Realtors - Upraise

Last Buyer's Agent

Francesca Zanzucchi

My Home Group Real Estate License #SA704934000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 2019

Lot Details

  • 0.48

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 12 Open Parking Spaces
  • 14 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for landscaping
  • The owner pays for water, sewer
  • Tax Lot 9
  • Assessor Parcel Number 143-42-033-B

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 20,915
  • Hadsells Addition Subdivision

Building Details

  • Operating Expense $15,507
  • Gross Income $64,410
  • Net Operating Income $57,508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,715

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Cross Street: 59TH AVE AND ORANGEWOOD DR
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-6
  • Number Of Buildings: 2
  • Year Built: 2019
  • Tax Year: 2022
  • Directions: WEST ON ORANGEWOOD DR, NORTH ON 59TH LN TO PROPERTY. HOUSE LOCATED ON THE RIGHT SIDE OF THE STREET.
  • Road Surface Type: Concrete, Sidewalk(s)
  • Subdivision Name: HADSELLS ADDITION
  • Garage Yn: Yes
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 14.0
  • Garage Details: Yes
  • Parking:Other (See Remarks)24: Yes
  • Exterior Amenities:RVBoat Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Lot Info

  • Lot Size: 20,915
  • Additional Parcels: No
  • Parcel #: 143-42-033-B

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Landscaping
  • Number Of Units Total: 3
  • Electric Expense: 7892.11
  • Annual Gross Income: 64410.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 57507.89
  • Annual Operating Expense: 15507.11
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2715.0
  • Tax Book Number: 143.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 12, 2023
Sold by
Gastelum Jose
Bought by
Pfeiffer Nicholaus
Seller's Agent
Jose Gastelum Cota
Weichert Realtors - Upraise
Buyer's Agent
Francesca Zanzucchi
My Home Group Real Estate
List Price
$779,000
Sold Price
$746,816
Premium/Discount to List
-$32,184
-4.13%
Views
22
Current Estimated Value
$715,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,959
Avg. Annual Appreciation
-2.44%
Original Mortgage
$625,829
Outstanding Balance
$609,216
Interest Rate
6.43%
Mortgage Type
Seller Take Back
Estimated Equity
$95,010

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 31, 2022
Sold by
Reyes Clemente Javier G and Reyes Iban Marcela
Bought by
Gastelum Jose
Seller's Agent
Itzel Zimmer
HomeSmart
Buyer's Agent
Jose Gastelum Cota
Weichert Realtors - Upraise
List Price
$680,000
Sold Price
$675,000
Premium/Discount to List
-$5,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$641,250
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 28, 2022
Sold by
Reyes Clemente Javier G and Reyes Iban Marcela
Bought by
Gastelum Jose
Seller's Agent
Itzel Zimmer
HomeSmart
Buyer's Agent
Jose Gastelum Cota
Weichert Realtors - Upraise
List Price
$680,000
Sold Price
$675,000
Premium/Discount to List
-$5,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2017
Sold by
Rerd 100 Llc
Bought by
Clemente Javier G Reyes and Lozano Marcela P Ibanez
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pfeiffer Nicholaus $745,829 American Title Service Agency
Gastelum Jose $675,000 Driggs Title Agency
Gastelum Jose $675,000 Driggs Title Agency
Clemente Javier G Reyes $75,000 American Title Service Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfeiffer Nicholaus $625,829
Previous Owner Gastelum Jose $641,250
Previous Owner Gastelum Jose $641,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2023 06/10/23 Sold $746,816 -4.1% $296 / Sq Ft
06/02/2023 06/02/23 Price Changed $779,000 0.0% $309 / Sq Ft
06/02/2023 06/02/23 For Sale $779,000 0.0% $309 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/15/2023 05/15/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $779,000 -1.3% $309 / Sq Ft
05/05/2023 05/05/23 For Sale $789,000 +16.9% $313 / Sq Ft
01/31/2022 01/31/22 Sold $675,000 -0.7% $267 / Sq Ft View Prior Sale
12/17/2021 12/17/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $680,000 -- $269 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,530 $25,444 -- --
2024 $3,112 $19,224 -- --
2023 $3,112 $32,120 $6,420 $25,700
2022 $2,715 $26,300 $5,260 $21,040
2021 $3,053 $28,030 $5,600 $22,430
2020 $3,082 $28,480 $5,690 $22,790
2019 $621 $9,330 $9,330 $0
2017 $375 $4,107 $4,107 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jose Gastelum Cota

    Weichert Realtors - Upraise

    (602) 687-7803

    3 in this area

    26 Total Sales

    Jose Gastelum Cota
    Section Image

  • F

    Buyer's Agent in 2023

    Francesca Zanzucchi

    My Home Group

    (928) 814-2972

    1 in this area

    20 Total Sales

    Francesca Zanzucchi
    Section Image
  • Robert Ito

    Buyer Co-Listing Agent in 2023

    Robert Ito

    My Home Group

    (602) 653-1524

    5 in this area

    15 Total Sales

    Robert Ito
    Section Image
  • Itzel Zimmer

    Seller's Agent in 2022

    Itzel Zimmer

    HomeSmart

    (602) 755-4684

    16 in this area

    148 Total Sales

    Itzel Zimmer
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6552696

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-42-033B

Arizona Maricopa County Glendale 85301

7631 N 59th Ln, Glendale, AZ

This home is located at 7631 N 59th Ln, Glendale, AZ 85301 since 05 May 2023 and is currently estimated at $704,226, approximately $279 per square foot. This property was built in 2019. 7631 N 59th Ln is a home located in Maricopa County with nearby schools including Glendale Landmark Middle School, Glendale High School, and Our Lady Of Perpetual Help.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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